Course Materials Now Qualify for Tax Credit

Attention Students and Parents!

SAVE YOUR COURSE MATERIAL RECEIPTS
YOU MAY BE ELIGIBLE FOR A TAX CREDIT UP TO $2,500!!

The American Opportunity Tax Credit (AOTC) is a partially refundable tax credit of up to $2,500 each year for out-of-pocket higher education expenses including course materials, tuition, and fees for the first four years of college. First enacted as part of the American Recovery and Reinvestment Act of 2009 (ARRA), the credit was extended through tax year 2017 by the American Taxpayer Relief Act of 2012 (ATRA). The credit is applied for by using IRS form 8863.

Find outwhat the American Opportunity Tax Credit is, what course materials are eligible, and what documentation is needed to apply.

Explorea set of resources compiled to help you get maximum benefits from the American Opportunity Tax Credit.

The National Association of College Stores is providing the information on this web site for general guidance only. The information on this site does not constitute legal advice, tax advice, accounting advice, or professional advice of any kind. There is no substitute for consultation with professional advisors based on the facts of each individual situation. NACS disclaims any liability whatsoever in connection with the accuracy or completeness of the material on this web site, or reliance on the general guidance provided.